Property Portfolio

The 990 Polk senior building, built in partnership with Citizens Housing Corporation, represents an innovative approach to address homelessness by combining services-rich supportive housing units within a larger low-income population. The property was voted the overall winner in the national Readers’ Choice Awards for Affordable Housing Finance Magazine in 2009. Its ground floor contains retail spaces and offices for resident services providers. A large community room and kitchen, computer center, laundry room, solarium and outdoor patio...

Built in 1907 and acquired by TNDC in 1981, the Aarti Hotel was recently rehabbed to serve formerly homeless, at-risk Transitional Aged Youth (TAY), people ages 18 to 24 with serious mental health needs.
The rehabilitation scope included the complete remodel of the ground floor commercial space to include five counseling offices, a reception area, a community room and a computer lab. The residential floors received a new laundry room, upgraded kitchens, living rooms, wash closets and shower rooms. All 40 residential units received new finishes...

Affordable housing at the Alexander Residence, which has operated as a HUD-insured Section 8 senior building for over 25 years, was put at risk when the prior owners were given the right to pre-pay their mortgage and opt-out of the Section 8 program. In December 2000, TNDC, in partnership with the San Francisco Redevelopment Agency (SFRA), purchased the Alexander Residence to prevent the displacement of the building’s tenants and insure long-term affordability. SFRA owns the land, while TNDC owns the building and leases the land from SFRA....

The Ambassador Hotel was acquired by TNDC in 1999 after the building had fallen into such deplorable conditions that many of the building’s long-term residents (including those with HIV/AIDs) and the social service agencies that served them had to move out. TNDC stabilized the building with interim life-safety and unit repairs while preparing two years of development activities including design work, relocation planning for the existing tenants, and service planning. Construction on the Ambassador was completed in 2003 and included the rehab...

The Antonia Manor was an expiring-use Section 8 building acquired by TNDC in December 2000 with the San Francisco Redevelopment Agency under its “Preservation” program to preserve the affordability of the property’s 134 units. Financing was through tax-exempt bonds, as issued by the Redevelopment Agency along with a letter of credit from Citibank, and 4% Low-Income Housing Tax Credits. The majority of the residents in this 100% Section 8 building are seniors and the other residents are non-senior persons with disabilities....

Acquired from Citizens Housing Corporation in 2010, Buena Vista Terrace is an adaptive reuse of the abandoned Third Church Christ Scientist building in the Haight-Ashbury neighborhood, illustrating the innovative ways in which modern building technologies can be fused with old styles. The project restored the historically-significant exterior of this circa 1915 Romanesque Revival-style church while four stories of studio and one-bedroom apartments were constructed within the building shell. Individual apartments include full kitchens and...

The Cameo Apartments at 481-85 Eddy Street was acquired by TNDC in 1996. Funded by the San Francisco Mayor’s Office of Housing, the scope of work includes general rehabilitation of the units, including kitchens and bathrooms, as well as the redesign of the first floor in order to accommodate laundry facilities, a community room, and a social worker office. To further develop employment opportunities for neighborhood residents, TNDC utilized a Volunteer Construction Work crew comprised of low-income TNDC tenants and Tenderloin residents to...

Built in 1924 and originally named the “Evangeline” after the daughter of the founder of the Salvation Army, this building was originally offered as a home for young working women. In 1981 TNDC purchased the building to maintain its use as affordable housing for those in need. Among its diverse tenant population, Civic Center Residence provides affordable, safe housing to 105 formerly homeless seniors and individuals. As part of a recently completed renovation to improve safety and livability, CCR now provides two fully accessible...

In 2001, with a rare chance to build housing from the ground up in the dense Tenderloin neighborhood home to many of the City’s SRO hotels, TNDC immediately knew the population it wanted to serve on this infill site. With 4,000 children in the community, there was a tremendous demand for family housing and very little existed nearby. With $23 million in financing from multiple sources – along with a prayer to St. Joseph, the patron saint of real estate – TNDC was able to realize its long-standing dream of providing quality family...

The acquisition of this project, along with three other Tenderloin SRO hotels, represented two decades of neighborhood organizing by TNDC, other non profits, and various stakeholders to prevent the displacement of low-income residents. TNDC acquired the project at no cost from its previous for-profit owner and preserved the 179 SRO units as permanent, affordable housing for extremely low-income working adults, seniors, and disabled persons. 44 units were subsidized by the HUD Section 8 Project Based Voucher program. The building’s...